Property description
For Sale by Public Auction. Tuesday 18th October 2016, 7pm. Wells Golf Club, Wells. Auction Guide Price £325,000 to £375,000*. A useful block of approximately 46 acres of agricultural land, the majority of which is arable capable. Direct road access.
Located on the outskirts of the village lies this useful and attractive block of agricultural land. Currently arranged into six separate parcels, each enclosed by a combination of mature hedges and stock fencing. The land is flanked along the southern and western boundaries by Hengrove wood, which provides excellent natural shelter. The land is predominantly level in aspect, with a very slight slope up towards the southern boundary in places.
Access if gained from Pitway Lane to the north at three points and then there are gateways linking each of the fields.
Parcels 4 and 5 (as numbered on the sale plan) are mature pasture with the remaining parcels having been planted to a grass ley.
* Guide Price: An indication of the seller\‘s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price: the seller\‘s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Property Features :
- Auction - 18th October
- Approx 46 acres
- Majority arable capable
- Direct road access
- To be offered for sale as a whole